ALLONGE NO. 4 TO PROMISSORY NOTE TO JH REALTY, LLC
Exhibit 10.53
ALLONGE NO. 4 TO
PROMISSORY NOTE
TO JH REALTY, LLC
This Allonge No. 4 to Promissory Note (the “Allonge No. 4”), dated as of September 30, 2009, is attached to and forms a part of the Promissory Note dated December 31, 2007 (the “Note”) and the Allonge to Promissory Note dated March 31, 2008 (the “Allonge”), made by SPHERIC TECHNOLOGIES, INC., a Nevada corporation (the “Company”), payable to the order of J H Realty, an Arizona limited liability company (the “Holder”), in the original principal amount of $62,000.
| 1. | The Note is hereby amended to provide that it is due and payable in full on December 31, 2009. |
| 2. | In all other respects, the Note and the Allonge are confirmed, ratified, and approved and, as amended by this Allonge No. 4, shall continue in full force and effect. |
This Allonge No. 4 replaces the Allonge No. 3 to Promissory Notes dated May 31, 2009, which shall have no further force or effect.
IN WITNESS WHEREOF, the Company and Holder have caused this Allonge No. 4 to Promissory Note to be executed and delivered by their respective duly authorized officers as of the date and year first above written.
| SPHERIC TECHNOLOGIES, INC. | ||
| By: | /s/ Michael Kirksey | |
| Michael Kirksey | ||
| Its: | Executive Vice President and COO | |
| JH REALTY, LLC | ||
| By: | /s/ Joseph Hines | |
| Joseph Hines | ||
| Its: | President | |
